OpenAI signs deal, worth $10 billion, for compute from Cerebras

OpenAI has entered a multi-year agreement with AI chipmaker Cerebras, securing 750 megawatts of compute power from 2026 through 2028 in a deal valued at over $10 billion. This partnership aims to accelerate AI processing speeds, enabling faster response times for OpenAI’s customers by leveraging Cerebras’s specialized AI chips, which the company claims outperform traditional GPU-based systems like those from Nvidia. The enhanced compute capacity is expected to support real-time AI inference, which Cerebras CEO Andrew Feldman likens to the transformative impact broadband had on the internet. Cerebras, which gained prominence following the AI surge sparked by ChatGPT’s 2022 launch, has been expanding despite postponing its IPO multiple times. The company is reportedly in talks to raise an additional $1 billion at a $22 billion valuation. OpenAI’s strategy involves diversifying its compute infrastructure to optimize performance across different workloads, with Cerebras providing a dedicated low-latency inference solution. This collaboration is